Andrew Cuomo Proposes Crypto-Friendly Agenda in NYC Mayoral Bid
Former New York Governor Andrew Cuomo is leveraging blockchain technology as a cornerstone of his campaign for NYC mayor. His tech-heavy platform aims to position the city as a global hub for emerging technologies, with specific focus on crypto, AI, and biotech sectors. The proposal includes creating a Chief Innovation Officer role to oversee cross-sector policy coordination and an Innovation Council with specialized committees.
Cuomo's campaign criticizes New York's current BitLicense framework as outdated, advocating for consumer-protective regulations that reduce barriers for crypto firms. This stance contrasts sharply with growing public skepticism about crypto's risks following high-profile industry failures. The political move appears designed to attract tech-savvy donors while differentiating his economic vision from competitors.
